February 8, 2018 / 1:35 AM / 6 months ago

BRIEF-First Sponsor Group ‍Proposes To Allot And Issue 59 Mln Ordinary Shares

Feb 8 (Reuters) - First Sponsor Group Ltd:

* ‍PROPOSING TO ALLOT AND ISSUE 59 MILLION ORDINARY SHARES WITH A PAR VALUE OF US$0.10 EACH IN CAPITAL OF CO​

* BONUS SHARES TO BE CREDITED AS FULLY-PAID AT PAR,BY CAPITALISATION OF S$7.8 MILLION STANDING TO CREDIT OF CO’S DISTRIBUTABLE RESERVE​ Source text for Eikon: Further company coverage:

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